Village Preservation disproves the canard that lifting all restraints on residential tower size is the answer to the housing crisis.
“We’re building mostly expensive housing which many New Yorkers can’t afford, and losing existing affordable housing, including the nearly 120,000 units of rent regulated housing lost in NYC in just the three years between 2019 and 2022.”
City Hall has exploited the affordability crisis to give the developers who coerce, legally bribe, intimidate or cajole politician after politician just about everything they’ve always dreamed of.
We have a affordable housing boondoggle crisis. It’s one of the biggest scams ever hatched in this city.